Delightfully introducing 810 S Norton Ave, a rare Duplex with massive value-add, flip, and high-income potential. Golden opportunity for both savvy owner-occupants and sharp investors. Well positioned on a charming, tree-lined street where the timeless elegance of Hancock Park meets the vibrant, high-energy pulse of Koreatown. This versatile Duplex offers… Read More the ultimate blend of central urban lifestyle and exceptional financial upside. FOR OWNER-USERS AND VISIONARY BUYERS - the front residence has the feel of a character-rich, standalone single-family home featuring a spacious 2-bedroom, 2-bathroom, plus den layout that is perfectly tailored to be remodeled into a high-end, modern sanctuary for today's modern professionals. The private 1-bedroom, 1-bathroom rear second unit is currently generating $1,300 monthly rental income and can be leveraged to help offset mortgage payments. FOR INVESTORS AND DEVELOPERS - ALL UNITS CAN BE DELIVERED VACANT UPON BUYER'S REQUEST. Prime candidate target to execute a high-value remodel/flip for eager end-buyers, or to hold and capture peak market rents in one of the most hotly in-demand and rapidly rising rental pockets in Koreatown. The detached garage structure has been converted into an ADU (Buyer to verify) for extra stream of income and added resale value. Located within a charming HPOZ neighborhood that preserves the area's architectural soul, this property is conveniently close in proximity to all benefits and amenities of Koreatown. Just steps away from LA's hottest dining scene, chic cafes, restaurants, as well as grocery markets, spas, and daily conveniences that make Koreatown one of the most sought-after neighborhoods for young professionals and international buyers alike. Imagine enjoying the best that Koreatown has to offer and coming home to a peaceful residential neighborhood setting. Truly a golden opportunity. Whether the aim is to maximize rental income by leasing all spaces at market rent, or to occupy the main house while letting the back unit help pay mortgage as an owner-user, the choice is entirely yours. 810 S Norton Ave is the perfect canvas. Opportunities with this much flexibility and upside do not last. Read Less
Property listed by Mi Jeong Kim, MiJeong Kim 213-503-8070
Listing Snapshot
Days Online
17
Last Updated
Beds
3
3/4 Baths
3
Square Ft.
1,621
Lot Size
0.13 Acres
Year Built
1920
MLS Number
26863049
Additional Details
Appliances & Equipment
Dishwasher
Building
Built in 1920, Living area: 1621.0, 1 building, 1 storey, Levels: One
Heating
WallFurnace
Income
Gross Income: $96,000, Net Operating Income: $67,000
Lot
0.1297 acres
Parking
2 total parking spaces, Driveway, Garage, Tandem, Uncovered
Taxes
Parcel Number: 5092015021, Zoning: LAR2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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